Search
Two-Story Campus Retail Space
New
For Lease
Contact for pricing

709 N University Ave, Ann Arbor, MI 48104

Lease opportunity near University of Michigan’s Central Campus with rear parking and established retail surroundings.

Space Size3,380 SF
Days on Market7

Property Features for 709 N University Ave

General Information

Standard status Active
Size 3,380 SF
Total Parking Spaces 2
Property subtype RETAIL
Lease Type NNN

Building Details

Stories 2

Spaces For Lease

at 709 N University Ave Contact us

Restaurant Space $50/SF/Yr

Size
3,380 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
3,380 SF two-story campus retail opportunity available for lease. Ideally located...
show more
Contact us
Listing Agency: Colliers - Ann Arbor
Listed By: James H. Chaconas
Source: Moodyscre
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 11 at 1:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Ann Arbor

Investment Insights

Based on property information with market context.

This two-story retail space offers 3,380 SF for lease at 709 N University Ave. The property includes two rear parking spaces and is positioned near S State Street and the University of Michigan’s Central Campus. Its layout and campus setting support consideration for café, restaurant, or retail use, as stated in the property information.

The surrounding area includes established retailers, and the property is adjacent to the future Legends Global Merchandise location. The site provides a campus-oriented retail setting with access to nearby pedestrian activity and neighboring commercial businesses.

Key Highlights

  • 3,380 SF of two‑story retail space
  • Near the University of Michigan’s Central Campus
  • Two rear parking spaces included

Property Analytics

Current Use

Bruegger's Bagels (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Kitchen & Bath Showroom Plumbing Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,343
Businesses Nearby

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value

Market

Lease Benchmarks for Ann Arbor, MI

$23.54 /SF/Yr
Avg Asking Price
$1.3–$55 /SF/Yr
Price Range
7,656 SF
Avg Space Size

This space is priced 112% above the average of $23.54 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Lease opportunity near University of Michigan’s Central Campus with rear parking and established retail surroundings.
Where is this retail space located?
The property is located at 709 N University Ave Ann Arbor, MI.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: 3,380 SF of two‑story retail space; Near the University of Michigan’s Central Campus; Two rear parking spaces included
(734) 994-3100 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message